This Popular Rule of Thumb May Not Work for Your Retirement
Building up a nice nest egg is only part of the process when it comes to setting yourself up for a financially sound retirement. It’s just as important to manage your savings wisely. To that end, you may be inclined to follow the 4% rule. It’s one that financial experts have long stood behind and […]
Earn $100,000 a Year? Here’s Exactly How Much More Social Security Tax You’ll Pay in 2025.
As with any government program, the money to fund Social Security has to come from somewhere. If you’re wondering where it comes from, the answer is — your paycheck. Social Security gets the bulk of its revenue from payroll taxes. When you see a deduction on your pay stub for FICA, that’s the sum you’re […]
5 Mistakes to Avoid While Christmas Shopping at Costco This Year
Image source: The Motley Fool There are all kinds of deals and discounts to be had on holiday goodies at Costco. There are also many people on the Costco marketing and merchandising teams who specialize in convincing you to buy them all. It’s all too easy to make simple mistakes during your Costco holiday shopping […]
Watch Out: This Simple Costco Mistake Could Get Your Membership Cancelled
Image source: Upsplash/The Motley Fool I get it — you like Costco so much, you want to share your membership card with all of your family and friends. Or maybe you just want to help out that nice person who assured you they’re a member, they just forgot their card. You’d be their hero if […]
3 Retirement Moves You Absolutely Must Make Before 2024 Is Over
With the clock ticking closer to 2025, now would be a good time to check in on how you’ve been progressing toward your retirement goals. Whether you’ve been steadily socking away money into your portfolio for years or need to play a little catch-up, making a few strategic moves in the next few weeks can […]
Today Only: Save Up to $25 With These Online Costco Gift Card Deals
Image source: Getty Images Like many retailers, Costco promotes holiday shopping deals ahead of and on Black Friday. These holiday sales can help you finish your gift buying without depleting all the funds in your checking account. Costco will have some online-only sales happening only on Thanksgiving. If you plan to buy some gift cards […]
3 Things Too Many Retirees Don’t Know About Medicare
If it weren’t for Medicare, millions of older Americans today would struggle to have their health-related needs covered. But unfortunately, because Medicare is a complex program consisting of different parts, a lot of retirees end up unclear about its rules. And that’s a problem. If you’re approaching retirement, it’s important that you understand Medicare’s ins […]
Attention, Retirees: This Could Be the Most Important Thing You Do Before Claiming Social Security
One nice feature of Social Security is that it gives you a choice about when to sign up. You can claim your benefits as early as age 62 if you so choose. Or, you could wait until full retirement age to collect your complete monthly benefit based on your personal wage history without a reduction. […]
Some Social Security Beneficiaries Will Pass a Historic Milestone in 2025. Are You Among Them?
Social Security will see several major changes take effect on Jan. 1. Some of them, like the 2.5% cost-of-living adjustment (COLA), will affect all program recipients. But a small group of Social Security beneficiaries will reach a major milestone next year that will have them collecting larger checks than anyone has in the history of […]
The One Big Reason to Do Your Black Friday Shopping at Costco
Image source: Getty Images Black Friday is almost here, and retailers are already promoting fantastic deals. With so many stores offering hefty discounts, it can be difficult to decide where to shop. If you have a Costco membership, consider browsing the warehouse club brand’s Black Friday deals to see if shopping there could help you […]
